GOOD’s Complete List of the Best Infographics on the Financial Mess
If you have never been to Good.is, take a second and head over there right now. I’ll wait here. Patiently. It’ one of my favorite sites, not only for the excellent content on sprinkling of design items but for the business information I get from it as well. Careful, its a time suck.
They are putting [...]
The Crisis of Credit Visualized & Cleverly Explained
Jonathan Jarvis creates a clever, easy to understand video of the credit crisis and how things work. It goes into complicated investment vehiceles and fiancial structures and is actually very imformative. It lays a little too much blame on Greenspan, but this is a video you will want to watch and share with your friends [...]
Wells Fargo Prime Rate Visa Card
Before I completely lose you and you think this is some lame credit card site from Malaysia, I just wanted to put a quick note out there that Wells Fargo has changed their APR for one of their credit cards to 3.25%. Of course, there are dozens of other cards that have 0% but there [...]
MilkYourMoney.com Comments On Proposed Credit Card Rules
Federal banking regulators (Board of Governors of the Federal Reserve System, the Office of Thrift Supervision, and the National Credit Union Administration) recently proposed rules that would curb abusive credit card practices that we have long been against. For a detailed summary of all of the proposed rules, click here. Today, August 4, 2008, was [...]
You Deserve a Luxurious Vacation…Let Me Finance It For You
Today, I receive an email from CitiFinancial. This isn’t rare, being they send email to current and past customers at an annoying frequency. As you can tell from the text of the email (pasted below), Citi is offering a loan in order to finance a vacation. We all know financing a vacation is a horrible idea, [...]
My Credit Card Interest Rate Raised for No Reason
Credit card companies are coming under fire lately, and in our opinion, deservedly so. Credit cards of all kinds are now taking advantage of the 10 pages of fine print you agree to when signing up for a new card, which gives them the rights to basically do whatever they wish to your interest rate. [...]
My Credit Card Interest Rate Raised for No Reason
Credit card companies are coming under fire lately, and in our opinion, deservedly so. Credit cards of all kinds are now taking advantage of the 10 pages of fine print you agree to when signing up for a new card, which gives them the rights to basically do whatever they wish to your interest rate. [...]
Wachovia’s “Way2Save” and Bank of America’s “Keep the Change” Saving Programs
The personal savings rate in the United States is around 1%, an embarrassing number for one of the richest countries in the world. Why aren’t we following the saving generations that came before us? We can think of a few reasons: ARM mortgages, easy access to credit, ipods, 5+ year car loans, and rising college [...]
Bush Administration’s Next Rescue Plan: Project Lifeline
As we all know by now, this country is in a rapidly increasing downward spiral in real estate, credit and mortgage lending. About a week after Bush released the economic stimulus plan, he and six large mortgage lenders unveiled a plan to come to the rescue of a majority of foreclosing families. The question [...]
Getting Ready to Get Started
As we begin this journey, there a few things to keep in mind. One is that gaining control of your financial situation is a constant endeavor. You shouldn’t expect that you will be able to sit down and gather a bunch of numbers and lay them out and look at them once and have that [...]
